Free CIMA BA1 Practice Exam with Questions & Answers | Set: 13

They have restricted flows of income

They sometimes have shareholders

Their objectives can vary greatly

They use resources inefficiently

A rise in the scrap value of the project at the end of its life.

A reduction in the expected level of future sales.

A rise in interest rates.

A fall in the initial capital cost of the project

An expected fall in the future price of components used by the business

A perfect positive linear relationship is shown in the diagram.

In most years, the samples shows a clear negative trend in the diagram

There is no correlation between the level of GDP per capita and life expectancy.

In some years, the level of GDP per capita and life expectancy moved in opposite directions.

A change in consumer preferences favoring transportation that reduces carbon emissions

An increase in the price of car insurance

A drop in the price of City L cab rides

An increase in the population of City L.

7% of an increase in grade can be explained by an increase in attendance.

Low attendance at lectures caused students to achieve lower grades

Students who attended more lectures tended to achieve higher grades

If we considered the same sample of 100 students, the correlation between attendance at economics lectures and their final econ would also be positive

has no effect on unemployment, and setting a minimum wage below the equilibrium wage results in increased unemployment

results in increased unemployment, and setting a minimum wage below the equilibrium wage has no effect on unemployment.

results in decreased unemployment, and setting a minimum wage below the equilibrium wage results in increased unemployment.

results in increased unemployment, and setting a minimum wage below the equilibrium wage results in decreased unemployment

1, 3 and 4

1, 2 and 4

2, 3 and 4

1, 2 and 3

To identify the key factors in the business environment that are likely to affect a company's performance

To identify the key determinants of a company's profitability

To identify the key people who should be involved in a company's decision making process

To identify the key external stakeholders that are likely to be impacted by a company's activities.

individual users do not have sufficient knowledge to appreciate their importance.

individual users do not have sufficient incentives to privately fund their provision.

individual users do not have sufficient bargaining power to secure a low price.

individual users do not have sufficient funds to purchase them

Prices will have to increase due to increased inflationary pressures

Sales will increase as consumers have stable incomes in the short term.

The cost of financing projects through loans will increase

The cost of holding stock will reduce